Company Overview

Aya Gold & Silver Inc. is a publicly traded precious metals company focused on the exploration, development, and production of silver and silver‑polymetallic assets. The company operates primarily within the mining and metals industry, with a strategic emphasis on high‑grade silver deposits. Its core revenue is generated from silver production, supplemented by ongoing exploration activities aimed at expanding mineral resources and extending mine life. Aya’s common shares trade on the TSX under the symbol AYA and on the OTCQX under AYASF.

The company’s principal assets are located in Morocco, where it has established itself as one of the country’s leading silver producers. Aya’s competitive positioning is driven by its focus on politically stable mining jurisdictions, operational control of producing and advanced exploration assets, and a strategy centered on organic growth through exploration. Founded in 2007 as Maya Gold & Silver Inc., the company rebranded to Aya Gold & Silver Inc. in 2020 to reflect a refined strategic focus on silver and its Moroccan asset base.

Business Operations

Aya Gold & Silver operates through two primary business activities: silver production and mineral exploration and development. Its flagship producing asset is the Zgounder Silver Mine, which is the company’s main source of revenue and cash flow. The company also controls the Boumadine Polymetallic Project, a large‑scale exploration and development asset that hosts silver, zinc, lead, and other associated metals, representing a key driver of future growth.

Operations are conducted through Moroccan operating subsidiaries, with technical, strategic, and administrative oversight provided from the corporate office. Aya controls the mining licenses, processing facilities, and exploration rights associated with its projects, and it relies primarily on internal technical teams rather than joint venture operators. Data inconclusive based on available public sources regarding the existence of material joint ventures or revenue‑generating partnerships beyond standard government and local operating agreements.

Strategic Position & Investments

Aya’s strategic direction is centered on increasing silver production, lowering unit operating costs, and expanding its resource base through aggressive exploration. A major focus has been the ongoing expansion and modernization of the Zgounder Silver Mine, including mill upgrades and underground development intended to materially increase annual silver output. Parallel to production growth, Aya continues to invest heavily in exploration drilling at Boumadine, positioning the project as a potential future cornerstone asset.

The company’s asset growth has largely been driven by organic investment and targeted acquisitions of mineral properties in Morocco rather than diversified global investments. Aya does not operate as a holding company and does not maintain a broad portfolio of unrelated investments. Its exposure to emerging technologies is limited to modern mining, processing, and exploration techniques applicable to precious and base metals. Data inconclusive based on available public sources regarding any material investments outside the mining sector.

Geographic Footprint

Aya Gold & Silver’s operational footprint is concentrated almost entirely in North Africa, specifically Morocco, where all producing and advanced exploration assets are located. The company benefits from Morocco’s established mining history, supportive regulatory framework, and proximity to European metals markets. Its mining activities are supported by local workforces and long‑term relationships with national and regional authorities.

The company is headquartered in Canada, with its corporate office located in Montreal, Quebec, providing access to North American capital markets and mining finance expertise. While Aya is listed in both Canadian and U.S. markets, it does not currently maintain producing operations outside Morocco. International influence is therefore primarily financial and strategic rather than operational across multiple continents.

Leadership & Governance

Aya Gold & Silver was founded under the leadership of Benoit La Salle, who has played a central role in shaping the company’s long‑term strategy and operational focus. Governance is led by a board and executive team with experience in precious metals, mine development, and emerging‑market operations. The leadership philosophy emphasizes operational discipline, local engagement, and value creation through high‑grade assets and exploration success.

Key members of the executive leadership team include:

• Benoit La Salle – President & Chief Executive Officer
• Youssef Laaboudi – Chief Operating Officer
• Paul‑André Huet – Vice President, Exploration

Data inconclusive based on available public sources regarding additional executive appointments beyond those listed above.